mercedes-benz

BELGRADE - Serbian President Aleksandar Vucic met with Mercedes-Benz CEO Ola Kallenius in Belgrade on Friday, noting that the meeting was just the start of cooperation with the automotive company, which he said would have a responsible partner in Serbia.

German carmaker Mercedes-Benz is recalling nearly one million older vehicles worldwide due to a potential problem with the braking system, the federal transport authority (KBA) said.    

German automaker Daimler AG said on Jan. 4 it will recall 744,000 Mercedes-Benz vehicles in the United States from the 2001 through 2011 model years because the sunroof glass panel could detach and pose a hazard.

German cable systems manufacturer Leoni warned that it would not reach its profit target set just a month ago. In addition, the company plans to cut 2,000 people. "The company faces a challenging environment in the markets, especially in China," Leoni said, adding that orders from car manufacturers dropped significantly.

The Visteon Bulgarian Development Center boasts a new success. Daimler, the Mercedes-Benz manufacturer, today introduced its new Actros truck with revolutionary technology developed in Sofia.

The presentation comes a few months after the launch of the new A-Classe with the MBUX system, which was also developed by Bulgarian engineers.

Earlier this year, Mercedes announced that the major plant at Unterturkheim would be transformed into production of electric motors. Now the company is starting to make batteries there. Reported Investor.

German carmakers faced a brewing scandal on July 24 as suspicions grew they colluded illegally for decades, further damaging the industry's image and exposing it to massive financial risks.

German auto giant Daimler on Jan. 31 said it had struck a partnership with Uber to supply self-driving cars for the U.S. ride-hailing company.

The tie-up comes as both carmakers and ridesharing firms are jockeying to establish themselves as leading players in the burgeoning world of autonomous driving, seen as the future of the auto industry.

Shares in German carmakers BMW, Daimler and Volkswagen fell after United States President-elect Donald Trump warned he will impose a border tax of 35 percent on vehicles imported from abroad to the U.S. market.